At the moment the RanorexRecorder only allows to delete actions and you have to replay the recorded actions in order to generate C#/C++/Python code.

But you can save the recorded actions as XML and edit the the values in the XML file. The modified XML file can then be loaded using the Recorder GUI. If you don't need the Recorder GUI, you can even pass the XML filename as the first argument when calling the RanorexRecorder.exe from the command line (e.g. "RanorexRecorder.exe MySaved.xml").